Social Credit System in China
China is in the process of rolling out it's so-called "corporate social credit system", a big data-enabled set of mechanisms for overseeing, rating, and controlling the behavior of market participants more comprehensively than credit rating tools that exist today. The system will contain industry agnostic criteria, such as compliance with environmental standards, employee treatment and taxation, as well as industry specific dimensions. No matter size or type of operations, it will be crucial to know your company's social credit score, as well as the scores of your partners.
At this event, advisors from Business Sweden and lawyers from Mannheimer Swartling will give their perspectives on the corporate social credit system, and what Swedish/Finnish companies can do to better understand the system and to ensure continuous governance and compliance.
Light breakfast will be included.
PRICE: Participation fee for this event is 100rmb for Members and 200rmb for Non-members.
Please notice that there is no registration via this webpage
(for registration please follow the instructions under the title REGISTRATION).
REGISTRATION: Registration is required to confirm a seat. You may register directly to SwedCham via this link until Tuesday, November 5, 2019 or as long as there are seats available. (Please use FBCS Ticket.) Registration is binding and no-shows will be charged RMB 200 unless cancelled before the end-of-day of the final registration date.
ELIGIBILITY: All of the employees of FBCS member companies can participate at our events with Membership privileges (discounted price, access to member only events). Please do not hesitate to forward this event invitation to your colleagues.